Mexico ‘concerned’ by US rebar dumping duties

Apr 23, 2014 | 03:06 PM | Rodrigo Alonso

Tags  Mexico, rebar, Canacero, Deacero, Groupo Simec, Grupo Acerero, anti-dumping, U.S. Commerce Department International Trade Administration

MEXICO CITY — Mexican steel association Canacero is "concerned" about the preliminary anti-dumping duties imposed by the Commerce Department’s International Trade Administration (ITA) on rebar shipments from Mexico.

"Canacero is confident that Mexican steelmakers will demonstrate that there is no damage to the North American steel industry, since all steel trade with the United States is carried out under the (terms of the) North American Free Trade Agreement (Nafta)," it said in a statement.

Mexican producer Grupo Acerero SA de CV was assessed a preliminary dumping margin of 66.7 percent, while Grupo Simec SAB de CV received a rate of 10.66 percent and Deacero SAPI de CV (formerly Deacero SA de CV) and all other Mexican producers were assessed a margin of 20.59 percent (amm.com, April 21). ....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results